Check out the companies making the biggest moves midday: KLA Corp. — The semiconductor equipment maker jumped 4%, nearing a 52-week high, after Jefferies raised its 12-month price target to $1,500 from $1,200, saying “AI continues to drive spend with [wafer fab equipment] accelerating into C26/C27,” and citing KLA’s “outsized exposure to the Leading Edge.” […]
Read More
watch now VIDEO5:4705:47 The race for the next Fed chair: Here’s the latest Squawk Box Kevin Hassett’s candidacy for the Federal Reserve chair, once seen by the market as almost a sure thing, has received some pushback by high-level people who have the ear of President Donald Trump, according to sources familiar with the matter. […]
Read More
Check out the companies making headlines before the bell. Tilray — The cannabis stock jumped about 3%, building on last week’s rally sparked by news that President Donald Trump would instruct federal agencies to give the drug a less-stringent Schedule III classification from its current Schedule I designation. Dollar General — Shares rose 3% after […]
Read More